Manager Financial
Resume:
PERSONAL SUMMARY I am a highly motivated and results driven Financial Manager, with
over nine years of invaluable experience in leading, managing and developing a highly successful finance team. A proven ability to constantly challenge and enhance existing processes and systems. Strong analytical skills, able to analyze complex data, draw meaningful conclusions and make business recommendations. I possess excellent communication skills, with the ability to communicate professionally with both clients and colleagues on detailed financial issues. Well organized, with attention to detail. Work well independently, or collaboratively in a team setting. Proven ability to ‘think outside the box’ in identifying problems and implementing innovative solutions. Trustworthy, with a high level of integrity, and respectfulness. Highly developed selling, marketing, and negotiation skills.
KEY COMPETENCIES PROFESSIONAL ABILITIES
• Highly analytical
• Problem solving capabilities
• Communication skills
• Strong decision making capabilities
• Staff management skills
• Interpretation of financial data
• Attention to detail
• Exceptional IT knowledge
CAREER HISTORY
Financial Manager
Mora Plase (Pty) Ltd
Bonsmara cattle farming and feedlot.
July 2018 – October 2020
Performing the full function of financial manager. My duties as financial manager:
• Oversee the financial and administrative management of the group.
• Compiling monthly management accounts and financial reports.
• Monthly reporting on budgeted targets and forecasts. 15 Watsonia Avenue
Blydeville
Upington
***************@*****.***
Pieter van Baalen
Financial Manager
• Balance sheet and Cash flow management - Capex vs Opex.
• Preparing annual budget and forecasting trends.
• Management of credit and debtors to ensure that debts are recovered on time.
• Processing all journals.
• Reconciling the Balance Sheet, analysing differences and making necessary corrections.
• Designing and implementing systems, policies and procedures to facilitate internal financial control.
• Managed and resolved SARS audits.
• Manage audit and handling of all external audit queries.
• Treasury functions – dealings with various banks.
• Responsible for assets, procurement, commercial
contracts and insurance management.
• Logistics management - transport of all livestock, feed and assets between the different farms.
• Cost calculation on feed mixtures.
• Manage and control feedlot expenses with farm
manager.
• Monthly reporting of all livestock numbers per farm. (9 farms & 10,000 Cattle)
• Analyse all diesel, power, water and feed consumption monthly according to the number of animals per farm.
• Cattle Marketing - Auctions, Sales and Slaughter.
• Yellow Plant Management - Rentals and maintenance.
• Stock reconciliations and control on a weekly and monthly basis.
• Group Reconciliations.
• Asset Management.
• Calculation of VAT and completion of VAT returns.
• VAT Reconciliation.
Financial Manager
Carpe Diem Landgoed / Raisins
July 2015 – May 2018
Performing the full function of financial manager. My duties as financial manager:
• Designing and implementing systems, policies and procedures to facilitate internal financial control.
• Preparing annual budget and forecasting trends.
• Developing reports for top management summarizing the business financial position in areas of income, expenses, capital usage and cash flows and coordinate the preparation of strategic plans, budgets and financial forecast.
• Developing and updating accounting, finance and
management policies and procedures.
• Effective cash flow management.
• Monitoring budgets and comparing them to with annual cost and revenues related to production, marketing and capital.
• Preparation of management statements and financial reports.
• Getting control accounts reconciled and sorting out of discrepancies.
• Liaison with business related organizations such as Banks, etc.
• Handling the complete foreign currency bank accounts and transactions.
• Management of all aspects and submission of all
documentation and reports for finances received.
• Management of the intake stock program.
• Stock reconciliations and control on a weekly and monthly basis.
• Payments of producers and suppliers and all other banking functions.
• Debtor management – export and local.
• Month end reports and reconciliation of payrolls.
• Manage audit and handling of all external audit queries
• Responsible for calculating and approving advance and backpay payments.
• Manage the relationship between Carpe Diem and all the raisin producers.
• Calculation of VAT and completion of VAT returns.
• VAT Reconciliation.
• Managed and resolved SARS audits.
• Reconciliation of provident fund.
• Processing and reconciliation of monthly EMP201 returns and payments.
• Emp501 submissions.
• Maintain Donkerhoekdata payroll system (backups, updates and report writing).
• Payroll queries.
• Full payroll function.
• HR administration.
Bridge Group
January 2010
Onesys Group of companies - January 13, 2010
Appointed as senior Bookkeeper (for the first 3 months). Promoted to Accountant, where I was responsible for managing my finance team and the complete financial / accounting function of the following companies:
Onesys (Pty) Ltd - the holding company of the group, responsible for the entire HR, IT, finance, payroll and facilities functions and all assets of the group.
Oneserv Networks (Pty) Ltd – provide support services to over 400 credit providers which include the recruitment of loans, collection of payments, debtor management, all client enquiries and the buy-back of all bad debt.
SA Multi Loan (Pty) Ltd - is a loan originator with over 140 branches countrywide.
My duties as an accountant
• Compiling monthly management accounts
• Reviewing month-end files and ensuring correct allocation of income, expenses, accruals and provisions.
• Reviewing the completeness and accuracy of month-end journals.
• Monthly reporting on budgeted targets and forecasts.
• Reconciling the Balance Sheet, analysing differences and making necessary corrections.
• Management of credit and debtors to ensure that debts are recovered on time, and to minimise bad debt.
• Deviation Management, measures the company's
monthly financial performance against the budget and adjust where necessary.
• Approval of journals.
• Manage and monitor profit and loss.
• Manage Onesys Intercompany invoicing- review and refine shared cost allocations on a regular basis.
• Manage and Review Oneserv management invoices to credit providers. (R174Mil).
• Manage asset register - compare movement and
depreciation to trial balance.
• Reviewing of audit files and handling of all external audit queries.
• Manage the entire tax function - calculation and submission of all VAT and EMP returns.
• VAT training to all the finance staff.
Internal Auditor
Onesys Group
September 2010 – June 2011
During August 2010 I was approached by the CFO to take over and manage the entire group's internal audit, system audit, payroll, Pastel administration and SARS function with all the relevant personnel. Reported directly to CFO.
My duties as an internal auditor
• Completion of the entire group's 2009 audit.
• Review monthly group management accounts (as
compiled by each accountant) before it is forwarded to the CFO.
• Initiate and facilitate the entire system audit process with IT and Altimax (external system audit specialist).
• Manage Payroll environment (1088 employees &
R10.1Mil), oversee salary and wage calculations and ensure that staff are paid timeously.
• Manage the entire tax function - calculation and submission of all VAT and EMP returns.
• Managed and resolved SARS audits.
• Pastel Administrator, management of all company
databases and access rights thereto.
• Group tax planning.
• Part of the Fusion system development team - Fusion (the new in house debtor’s management system).
• Monitor transition from the old to the new debtor’s management system (Labyrinth to Fusion).
• Special project - Conversion of all Pastel databases available in Excel cubes to improve management.
• Re-developed the Infinys investors system with the help of IT.
Financial Manager
Onesys Global Group
June 2011 – July 2013
During June 2011, I was promoted to Financial Manager of the Onesys Global group. Reported directly to the CEO. The following companies and staff were under my management:
Onecor (Pty) Ltd - was the only and largest credit provider in the group (debtors book R116Mil). I was responsible for the cash flow needs of the group through external funding from investors
(306Mil). (Revenue R144.7Mil).
Rentspot (Pty) Ltd - National property rental and management specialist.
Framework 1 (Pty) Ltd - IT Company in Cape Town, specializing in the development of business solution systems.
Georgia Global (Pty) Ltd - facilitate the application process of permanent residency in Georgia (country) for a limited number of SA families (minimum investment of R600 000).
My duties as financial manager:
• Preparing the financial accounts and ensuring the financial integrity thereof.
• Managing and overseeing the Financial Operations in Georgia.
• Prepare annual budgets in-line with group requirements.
• Management of the group's cash flow.
• Management / Control of full salary and HR function of the group.
• Ensure that the fixed asset register is up to date and matching the trial balance.
• Credit and Debtors management.
• Treasury functions – dealings with various banks.
• Responsible for the management of 1,200 investors
(306Mil).
• Preparation and management of audits for the annual audit in conjunction with the External Auditors.
• Participation in strategic planning sessions.
• Manage and facilitate the entire 2-year Reserve Bank audit investigation.
• Automation of IT3 returns on the Invinys system.
• Manage and ensure the performance of weekly bank reconciliations between Invinys and Pastel.
• Revision and correction of the 2010 and 2011 Onecor book.
• Part of LoanX development team, this system enables investors to buy and sell loan contracts on a platform at great returns. After development of the above system it was given to Cambist.
Financial Manager
Bridge Group
August 2013 – June 2015
During August 2013, I was approached by the Bridge group to assist with the wind up of Bridge Wealth (the old Oneserv Networks) and the management of Bridge Debt.
Bridge Wealth (Pty) Ltd – provide a support services to over 400 credit providers that included the recruitment of loans, collection of payments, debtor management, all client enquiries and the buy-back of all bad debt.
Bridge Debt (Pty) Ltd – specialist bad debt Management Company, purchasing all bad debt contracts from credit providers and recovering them via various processes. (Debtors book value R1.2 billion).
My duties as financial manager:
• Preparation of the financial accounts and ensuring the financial integrity thereof.
• Preparation of reports, analysis and evaluation of financial performance data.
• Liaising with external auditing agencies, legal bodies and statutory organisations to ensure financial compliance.
• Feedback and advice to senior management.
• Provide management with reports to assist in decision- making.
• Completion of Bridge Wealth and the old Oneserv credit provider business model.
• Finalization of the 2013 Bridge Wealth audit.
• Finalization of the 2013 and 2014 Bridge Debt audit.
• Streamline and improve processes in the bad debt recoveries environment.
• Manage Fusion debtor management system clean-up
project - this involved the identification and elimination of all transactions that are no longer part of the new model.
(R850Milj).
• Project management - automate the process of importing bank statements directly from the banks into Fusion.
• Reconcile operating system (Fusion) with financial system
(Pastel).
• Reconcile all contract movements between credit
providers and Bridge Debt.
• Reconcile all bank deposits (recovery’s) with schedules from lawyers and debt collectors and the debtor’s
management system (Fusion) before captured into Pastel.
• Responsible for capturing all 2014 / 15 financial data into Pastel.
• Assure weekly that debtors management has allocate all recoveries to the correct debtor on Fusion.
• Analysis of system variances.
• Serve on the Bridge financial risk committee.
Article Clerk
Botha Accountants CFA (SA)
January 2007 – December 2009
Duties:
• Processing financials on Pastel.
• Processing journals.
• Trust Account and Company audits.
• Reconciliation of bank accounts, debtors, creditors, VAT, PAYE and EMP 501‘s.
• Tax, VAT, PAYE and Workman’s Compensation returns.
• Compiling IRP5’s and IT3’s.
• Management reports.
• Preparation of monthly financial management
statements.
• Preparation of annual financial statements for Trusts, Companies, Sole Proprietors and other Associations
(according to GAAP and IFRS standards where applicable).
• Administration and planning of Estates.
• Group accounting.
• Budgets.
• Monthly forecasts.
• Management and training of junior Clerks.
• Tax planning.
• Tax enquiry liaison.
• Consistent liaison with SARS.
• Stock control.
• Asset management.
• Cash flow management.
Computer Technician and Network Administrator
Sprint Computer Software (Pty) Ltd
March 2001 – December 2002
Duties:
• Installation, maintaining, repairing and troubleshooting hardware and software.
• Install, configure, troubleshoot and support an
organization's local area network (LAN), wide area network (WAN), and Internet system.
• Manage user accounts, configure user access to LAN resources, and troubleshoot network and desktop
connectivity problems.
• Establish and implement LAN policies, procedures and standards.
• Monitor LAN performance and security.
• Participate in disaster recovery and capacity
management.
• Provide technical assistance to computer system users, concerning the use of computer hardware and software, including printing, installation, word processing, electronic mail, and operating systems.
• Train and assist users in use of equipment and software. ACADEMIC QUALIFICATIONS
University: North- West, South Africa
B.Com. Financial Accountancy
Degree achieved 2006
North- West, South Africa
Potchefstroom Business School
Short course in Emotional Intelligence and Conflict Management Certificate achieved 2006
High School: Hoërskool Bergvlam - 1999
Subjects passed: Afrikaans, English, Mathematics, Physical Science, Computer Science and Accounting
Qualification: CompTIA A+
Certificate achieved 2000
COMPUTER LITERACY Pastel Partner, Evolution, Payroll, Caseware, MS Office, SARS eFiling, Advanced MS Word and Excel skill
REFERENCES Available of request.
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